A weekly look at the most important moves and news in crypto and what's on the horizon in digital assets.
Hello, welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch. I’ll walk you through the latest and greatest in the digital asset world this week.
Find me on Twitter at @FrancesYue_ to send feedback, or tell us what you think we should cover. You can also reach me through email to share your personal stories with crypto. Earlier this month, Jesse Powell, co-founder of crypto exchange Kraken, stepped down as the company’s chief executive. Meanwhile, the crypto industry, born in 2009, has become more developed, with increasing institutional adoption and also regulatory attention. “That requires a different level of professionalism and maturity in senior leadership,” noted Farrokhnia. Some early adopters of crypto, who hold strong, libertarian values, may have found their views clash with new comers.
The hackers took a total of 732 ether on Sep. 25 before moving the funds to the U.S. government sanctioned crypto mixer Tornado Cash, according to a tweet from blockchain security company PeckShield.MarketWatch’s Anushree Dave wrote more about it here.
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